Fed increases economic forecast

Dec FOMC minutes released this afternoon. The committee still uncertain about inflation but did concede that the tax cuts would help improve the economy.

ISM Manufacturing Shows More Strength

The ISM Manufacturing Index for December was stronger than expected (59.7 vs est of 58.0) and is the 2nd highest reading since March of 2011.

Frankie Muniz sells Phoenix home

Frankie Muniz recently sold his Phoenix, AZ home for $3.2 million. The 5,300 square foot home sits on two acres.

Once again rate markets turn to Congress

Now, on to work for Congress after the New Year: President Trump wants infrastructure, Republicans and all Democrats beginning to worry about the deficit as Medicare,...

Three things that can move mortgage rates this week

Three Things: These are the three areas that have the greatest ability to impact mortgage rates this week: 1) Domestic, 2) Across the Pond and 3) Fed.